Digital Banking Weekly #47

💰 Challenger bank Varo, soon to become a real bank, raises $241M Series D 🔗 Read more

💸 Lili, a startup building banking products to meet the needs of freelance workers, is announcing that it has raised $10 million in seed funding 🔗 Read more

📱 I highly recommend this one: A comprehensive benchmark study of UK mobile banking apps (June 2020) 🔗 Read more

🇬🇧 YAN, a UK digital banking start-up which calls itself the world’s “first e-commerce bank”, is set to launch its beta by October in the UK 🔗 Read more

🗂️ Another great report for this week! Analysing the experience of opening 12 bank accounts 🔗 Read more

🏅 London-based fintech Plutus partners with Nike to provide crypto and cash rewards in Nike’s online store 🔗 Read more

🇳🇱 Bunq users can now launch charity fundraisers through the banking app 🔗 Read more

🇸🇪 Tink, the Swedish open banking provider, has landed a second strategic investment from PayPal 🔗 Read more

🇧🇪 Aion, a Belgian subscription-only challenger bank, has launched its digital banking app for SME’s 🔗 Read more

🇭🇰 Hong Kong’s transit and retail Octopus card now supports integration with Apple Pay 🔗 Read more

🇸🇦 MoneyGram International, a global leader in cross-border P2P payments and money transfers, today announced that it has entered into a strategic partnership with Al Rajhi Bank, the largest Islamic bank in the world 🔗 Read more

🇹🇼 Next Commercial Bank, a Taiwanese digital bank, has partnered with Temenos to develop its retail and corporate banking offering set to launch later in 2020 🔗 Read more

🚫 Commonwealth Bank of Australia is cracking down on the use of its transaction description feature after discovering that it is being used to send abusive messages 🔗 Read more

🇬🇧 Cpay.uk, a new international banking platform founded by an ex-Credit Suisse and UBS director 🔗 Read more

🇩🇰 Nordic challenger bank Lunar launches accounts and cards for 15-17 year olds, so they can manage their allowances, salary and money on their own account 🔗 Read more